TOLL BROTHERS INC

Ticker: TOL CUSIP: 889478103 Class: COM

Oxbow Advisors, LLC's Holding History (CIK: 0001564770)

Note: Option positions (PUT/CALL) are excluded.

Q1 2016

Shares 81,400 Value ($000) $2,402 Avg Close $27.95 Range $23.75 - $33.39

Q4 2015

Shares 83,940 Value ($000) $2,795 Avg Close $35.68 Range $32.83 - $38.15

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2016	81,400	$2,402	$27.95	$23.75 - $33.39
Q4 2015	83,940	$2,795	$35.68	$32.83 - $38.15